Stock dividend details

Use this window to change the details of the Stock dividend transaction that you are editing/inserting in the grid in the data entry page that you are currently using.

The only details that you can change on this form are the Date of dividend transaction and the boxes in the Holding section:

Date of dividend transaction - Enter the date on which the transaction occurred. This initially defaults to the date specified in the Select a transaction window.

Holding

Size of holding at... - Enter how many shares the client held at the specified date.

Cash dividend foregone per share - This is defaulted to the value shown in the Net dividend per share box. You can change this value.

Total cash dividend foregone - This is the Size of holding multiplied by the Cash dividend foregone per share, which is entered in the grid in the data entry page that you are using. You can change this value.

Cash element per share held - You cannot change the value in this box.

Market value per share at... - This is the market value of one share at the specified date. You can change this default value.

Number of new shares received - This is the total number of shares that the client received based on the stock offer. You can change this default number.

Total net market value - This is the Number of new shares received multiplied by the Market value per share. You can change this default value.

Taxable value - Select the Default button to calculate the Taxable value. This is the Size of holding at... multiplied by the Cash dividend foregone per share. This is the value that is entered in the Dividend column of the grid in the data entry page that you are using. You can change the default value.